Snowflake Inc. broke from its pattern of outlook cuts Wednesday afternoon as it kept its forecast for the full year steady, but shares of the data-software company were dipping in after-hours action.
Revenue increased to $674 million from $497 million, while analysts were looking for $662 million. Snowflake generated $640 million in product revenue.Snowflake had a net retention rate of 142% in the fiscal second quarter, compared with 151% in the fiscal first quarter.
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